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Writer's pictureBilly Amberg

2023 Spring IPG | Aerospace, Defense & Government Report

Aerospace and Defense Market

Global aerospace and defense market valued at $748.9B in 2022, expected to reach $1055.2B by 2028. Growing demand for air travel, rising defense spending, and M&A activity are key drivers.

Public Company Valuations

CFA Select ADG Index increased 10.8% in Q1 2023, up 7.8% YTD. IT & Cybersecurity Index outperformed, while Aircraft Leasing declined.

Mergers and Acquisitions

Dealmaking in A&D industry reached 3-year low in 2022. Shifting focus to small portfolio-oriented transactions in 2023. Space, cyber, hypersonic, and unmanned systems are bright spots for M&A.




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